Fastjet adds £4 million in funding

Fastjet Airbus A319. Courtesy, Fastjet
African budget carrier FastJet has raised £4 million ($6.2 million) in fresh working capital, sourced from current and new investors and by drawing down on a credit facility.
A FastJet spokeswoman said the funds would be “deployed in fulfillment of Fastjet’s stated growth strategy,” without giving any further information.
However, in an earlier statement the airline indicated that the extra working capital would be ...

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